Sbm Off News

 

SBM Extends CSV Normand Installer

Dec 10, 2019

Solstad Offshore announced that SBM Offshore has extended the charter for the construction support vessel (CSV) Normand Installer from an original 105 days commitment (reported August 2018) to a 1-year contract from January 2020, in direct continuation with present contract…

SBM Orders Two More Fast4Ward Hulls

Dec 05, 2019

SBM Offshore announced it has signed contracts with Chinese shipyards for the construction of the company’s fourth and fifth hulls under its purchase program for Fast4Ward newbuild multipurpose floating production, storage and offloading unit (FPSO) hulls…

SBM Offshore Lifts Guidance

Nov 14, 2019

Dutch oil and gas services firm SBM Offshore on Thursday raised its full-year core profit and revenue outlook on better-than-expected performance in its turnkey division.For 2019, SBM Offshore now expects earnings before interest, tax, depreciation…

SBM's Third Fast4Ward Hull Under Construction

Aug 08, 2019

Construction on SBM Offshore's third Fast4Ward floating production, storage and offloading unit (FPSO) hull recently began at Chinese shipyard Shanghai Waigaoqiao Shipbuilding and Offshore (SWS), the Dutch FPSO provider revealed on Thursday…

SBM Offshore: $45 Mln in Extra Impairments in Q3

Nov 15, 2018

SBM Offshore, the Netherlands-based maker of floating oil and gas production facilities, on Thursday said it expected $45 million in impairments in Brazil and the United States.In Brazil, SBM Offshore has decided to temporarily close the Brasa…

Petrobras Receives $149 Mln from SBM in Leniency Deal

Oct 22, 2018

Brazilian state-run oil company Petroleo Brasileiro SA has received an initial payment of 549 million reais ($148.92 million) from Dutch marine engineering group SBM Offshore as part of a 1.22 billion-real leniency deal, the Brazilian government said on Monday…

Shell, SBM close Turritella FPSO deal

Jan 16, 2018

Floating production solutions firm SBM Offshore today (16 January) closed its $1 billion sale of Turritella, the world’s largest floating production storage and offloading (FPSO), to Royal Dutch Shell. The sale, announced in July 2017…

SBM lands Fast4Ward contract

Aug 09, 2017

SBM Offshore revealed that it has inked a deal for its Fast4Ward standardization program, signing a contract in June for the first newbuild hull with China Shipbuilding Trading Co. (CSTC) and the Shanghai Waigaoqiao Shipbuilding (SWS) shipyard…

Exxon picks SBM for Liza FPSO deal

Dec 20, 2016

ExxonMobil has picked SBM Offshore to perform front-end engineering and design (FEED) for the floating production and storage offload unit (FPSO) for the supermajor’s Liza development offshore Guyana. In addition, subject to a final investment decision (FID)…

SBM Brazilian leniency deal rejected

Sep 02, 2016

Brazilian prosecutors have rejected the leniency agreement reached between SBM Offshore and Brazilian authorities in mid-July that could lead to a loss of US$12.7 billion. Image from SBM Offshore…

SBM in Brazilian leniency deal

Jul 18, 2016

SBM Offshore and Petróleo Brasileiro (Petrobras) will resume normal business relationships after a US$163 million settlement agreement over allegations relating to the Lava Jato scandal was reached amongst the Dutch floating production specialist firm and Brazilian authorities last week…

Newly integrated FPSO headed for Lula

May 23, 2016

The Cidade de Saquarema floating production and storage offloading (FPSO) unit is sailing to the Lula field offshore Brazil for its 20-year contract, following its recent conversion at the BRASA shipyard. Cidade de Saquarema departs from BRASA shipyard…

SBM cuts 3200 jobs in 2015, more to come

Feb 10, 2016

SBM Offshore says there are no signs of recovery before 2018, as the floating production specialist reduced its workforce by 3200 in 2015, with more job cuts expected this year. Image of the Cidade de Saquarema in Guanabara Bay…

SBM Offshore agrees settlement - but not guilt

Jan 25, 2016

Floating production specialist SBM Offshore has accepted an out of court settlement over allegations relating to the Petrobras corruption scandal - but says this doesn't amount to an admission of guilt.  The allegations were made in December…

SBM Offshore inks Petrobras FPSO bid

Dec 16, 2015

Amsterdam-based SBM Offshore announced that it received from Petrobras the formal invitation to tender for the Sépia and Libra FPSOs (floating production, storage and offloading), as referenced in the company’s Q3 trading update of 11 November…

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